Stock Information

Basic Stock Information (as of March 31, 2018)

Code Number 6461
Stock Listing Tokyo Stock Exchange
Total Number of Authorized Shares 19,545,000 shares
Total Number of Issued Shares 8,374,157 shares
Number of Shareholders 7,774
Fiscal Year From April 1 to March 31 of the following year
Record Date for
Year-end Dividends
March 31
Record Date for
Interim Dividends
September 30
Annual General Meeting of Shareholders Every June
Shareholder Register Manager Special Account Managing Firm Mitsubishi UFJ Trust and Banking Corporation
Contact Information of the Above Firm Stock Transfer Agent Department,
Mitsubishi UFJ Trust and Banking Corporation
Shin-Tokyo Post Office, PO Box No. 29, Tokyo 137-8081, Japan
TEL 0120-232-711 (toll-free)
Method of Public Notice

Public notice is made by electronic means.
However, in the event that electronic public notice is impossible as a result of an accident or for another unavoidable reason, such public notice shall be posted in the Nihon Keizai Shimbun.

Electronic Public Notice(Japanese Only)
Shareholder Special Benefits No shareholder special benefit is offered currently.

Major Shareholders (as of March 31, 2018)

Name Number of
Shares Held
Percentage of
Ownership (%)
Toyota Motor Corporation 552 6.71
Japan Trustee Services Bank, Ltd. (Trust Account) 530 6.45
The Master Trust Bank of Japan, Ltd. (Trust Account) 331 4.04
Asahi Mutual Life Insurance Company 259 3.15
DFA International Small Cap Value Portfolio 195 2.37
Nippon Piston Ring Employee Shareholding Association 165 2.01
Shinsei Bank, Limited 165 2.01
Tokio Marine & Nichido Fire Insurance Co., Ltd. 157 1.91
Mitsubishi UFJ Trust and Banking Corporation 148 1.80
Japan Trustee Services Bank, Ltd. (Trust Account 5) 139 1.69

Note: Percentages of ownership are calculated excluding treasury shares (149 thousand shares).
Also, percentages of ownership are rounded off to two decimal places.

Shareholder Return / Dividends

 In addition to our efforts to further develop our business and improve our management base and financial structure, maintaining appropriate and continuous distributions of profits to our shareholders in accordance with our business performance is identified as one of our key management policies.
 Our Articles of Incorporation stipulate that interim and year-end dividends from surplus funds can be determined by the resolution of the Board of Directors and General Meeting of Shareholders, respectively.
 We use our retained earnings to construct and maintain our production bases, invest in equipment, and conduct R&D activities that are indispensable for improving our financial structure, competitiveness, and earnings. Through these efforts, we will continue to strive to enhance our corporate value.
 To expand opportunity of returns to shareholders, we decided to pay interim dividend from FY 2018, though until FY 2017 our basic policy for shareholder returns was to pay dividends once at year-end.

Fiscal Term 119th 120th 121st 122nd 123rd
Fiscal Year FY 2014 FY 2015 FY 2016 FY 2017 FY 2018
Dividend per share (yen) 6.00 60.00 65.00 70.00 75.00
Interim dividend (yen) 0.00 0.00 0.00 0.00 30.00
Year-end dividend (yen) 6.00 60.00 65.00 70.00 45.00
Dividend payout ratio 22.7% 30.7% 22.1% 25.2% 25.7%

Note: As of October 1, 2015 implemented a reverse stock split of 1 for 10 and
changed the trading unit of the common stock from 1,000 to 100.

General Shareholders Meetings

124th Annual General Meeting of Shareholders (FY 2017)
Notice of Convocation of the 124th Annual General Meeting of Shareholders PDF192KB
123rd Annual General Meeting of Shareholders (FY 2016)
Notice of Convocation of the 123rd Annual General Meeting of Shareholders PDF318KB